Nebraska tax collections have come in short of projections over a five-month period, with the cumulative shortfall topping $92 million, according to a report released Friday. In the story, OpenSky Policy Institute [...]
An income-tax reduction package moving through the Nebraska Legislature may have to be “skinnied up” after its estimated fiscal impact came in much higher than anticipated. In the story, Dr. Rebecca Firestone of OpenSky [...]
Senators voted Monday to advance a key piece of what the Pillen administration has called the largest package of tax cuts in state history. In the story, OpenSky Policy Institute expressed concern [...]
State Sen. Rita Sanders will work with the incoming administration in Lincoln on a school finance reform initiative. Read the full article online.
LINCOLN — The troubled pension fund for Omaha teachers has shown improvement over the past five years, going from 53% fully funded to about 63%, a state legislative committee was told Tuesday. [...]
Last week Nebraskans voted for a state Constitutional amendment to raise the minimum wage. Our current minimum wage of $9.00 an hour will increase in increments to $15.00 an hour by 2026. [...]
Legislative Fiscal Analyst Keisha Patent said Nebraska experienced an “extraordinary” two years of revenue growth. In October, the Nebraska Economic Forecasting Advisory Board increased overall revenue projections for the next two fiscal years by [...]
LINCOLN — A key state lawmaker said Thursday that she’s aiming to accelerate tax breaks passed this year, in light of a glut of excess state tax funds. Read the full article [...]
LINCOLN — Riding the coattails and pocketbook of Gov. Pete Ricketts, University of Nebraska Regent Jim Pillen coasted to victory Tuesday in the race to be the next governor. Read the full [...]
LINCOLN — The projected tax breaks provided by a major state economic incentive program far outstrips the tax revenue benefits of the program, a new state Revenue Department report indicates. Read the [...]